American Rescue Plan State Fiscal Recovery Fund Recommendation Cover Sheet Please
submit this document with any recommendations for funding from Rhode Island’s allocation of
federal fiscal recovery funds available through the American Rescue Plan Act. This information
will be made available to the public along with any detailed documents submitted that describe
the proposal. It is encouraged that such documents identify clear goals and objectives and
quantifiable metrics.
This is not a formal request for funds, and submission of recommendations does not
guarantee a response, public hearing, or appropriation from the General Assembly.
Name of Lead Agency: Quonset Development Corporation
Additional agencies making recommendation (if applicable):
Contact Person / Title: Steven King/Managing Director Phone: 401.295.0044
Address: 95 Cripe St., North Kingstown, RI 02852
Email Address (if available): sking@quonset.com
Brief Project Description (attachments should contain details): Upgrading critical
infrastructure at Quonset’s Port of Davisville to add capacity for Rhode Island to create jobs
supporting offshore wind logistics.
Total request: $78.5 million
One-time or Recurring Expense? One-time
ARPA Eligibility Category (check all that apply) – See link for further information
https://www.rilegislature.gov/commissions/arpa/commdocs/Treasury%20-%20Quick-Reference
Guide.pdf
Respond to the public health emergency and its economic impacts - Yes
Premium pay to eligible workers - No
Government services/state revenue replacement - No
Water/sewer/broadband infrastructure - No
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FEDERAL STIMULUS FUNDING PROPOSAL #1
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CONSISTENCY WITH 31 CFR PART 35
(
RIN 1505
-
AC77
)
:
CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS, INTERIM FINAL RULE
The Interim Final Rule (IFR) issued by the Department of Treasury for use of funds from the Coronavius
State Fiscal Recovery Fund provides autonomy to States when determining how to respond to the
negative economic impact of COVID-19, stating:
“Where there has been a negative economic impact resulting from the public health
emergency, States, local, and Tribal governments have broad latitude to choose whether
and how to use the Fiscal Recovery Funds to respond to and address the negative
economic impact.
While the IFR provides a list of eligible uses relative to responding to the negative economic impacts
of the COVID-19 public health emergency, it deems this list to be “non-exclusive” and provides a
process for assessing other uses of the funds to determine if such use can be deemed eligible. This
assessment process is outlined wthin the CFR as follows:
1. Identify a need or negative impact of the COVID-19 public health emergency; and
2. Identify how the program, service, or other intervention addresses the identied need or
impact.
The IFR goes on to further state that “receipients should assess the connection between the negative
economic harm and the COVID-19 public helth emergency, the nature of that harm, and how the use
of this funding would address such harm.”
The Quonset Development Corporation’s proposal seeks to utilize monies from the Coronavirus
State Fiscal Recovery Fund to implement infrastructure projects that will catalyze job creation in the
new o-shore wind industry. The IFR specically addresses infrastructure projects in the subsection
entitled “Uses Outside the Scope of this Category,” where it states that while a general infrastructure
project “typically would not be included” it allows for such infrastructure projects where the project
“responded to [...] a specic negative economic impact like those described above [...].”
As described in QDC’s proposal from March 2021, the infrastructure projects as proposed will
create new job opportunities for Rhode Islanders within the oshore wind industry. Creation of
new job opportunities specically provides assistance to unemployed workers, especially those
whose previous jobs were in the tourism and professional services sectors, where unemployment
still remains high. The creation of jobs in this new industry will allow for the transition of workers
from an industry that may not return to its full employment capacity to an industry that is new to
the United States and will require a substantial number of employees.
More information on how this proposal has been deemed an eligible use of funds, based on the
criteria outlined above, is included below.
NEGATIVE IMPACT OF THE COVID
-
19 PUBLIC HEALTH EMERGENCY
As described in the proposal, the COVID-19 pandemic has taken a severe economic toll on Rhode
Island. Mandated closures due to the threat of the COVID-19 pandemic have caused signicant, wide-
spread unemployment and the closure of a large number of employers. The industry experiencing
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the greatest loss in employment is Leisure and Hospitality, with substantial losses also occurring
in the Education and Health Services sector, the Professional and Business Services sector, and
the Other Services sector. Widespread unemployment still looms throughout Rhode Island and it
is clear that the negative economic impacts of COVID-19 have hit leisure, hospitality, and service-
oriented businesses and employees more severely than other industries.
With the lingering high levels of unemployment, it is likely that businesses in the service and tourism
industries will continue to operate at lower stang levels than those found pre-pandemic. Also,
many individuals have chosen to remove themselves from Rhode Island’s labor force due to the
many demands placed on families during the pandemic.
ADDRESSING THE IDENTIFIED NEED
To grow Rhode Island’s economy, it is imperative that the State capitalize on opportunities to
diversify the economy and provide high quality employment in new or expanding industries. To
assist unemployed individuals and ensure the economic recovery of Rhode Island, it is critical to
increase employment opportunities in non-service industries.
This proposal seeks to provide funding toward the Port of Davisville Master Plan in order to allow
increased capacity for existing businesses and to support the burgeoning o-shore wind industry.
This proposal seeks to add berthing capacity to support o-shore wind and increased roll-on/roll-
o cargo handling, while maintaining the existing Port asset of Pier 1 in order to preserve the
existing employment supported by the Port’s activities.
QDC based the job creation estimates on the analyses performed in several sources.
1
QDC
conservatively estimates that creating the infrastructure at the Port of Davisville that is necessary to
support the o-shore wind industry will catalyze the creation of jobs within Rhode Island. Based on
review of the literature, QDC conservatively estimates that each MW of o-shore wind energy will
create .22 jobs in Operations and Maintenance (O&M). With an estiamted 7,406 MW of o-shore
wind energy planned for the waters o New England, this equates to approximately 1,629 O&M jobs
in total. With the supporting infrastructure in place, QDC estimates Rhode Island can capture 500
of these O&M jobs.
2
Additionally, based on the literature and the current activities at the Port of Davisville, QDC estimates
that approximately 600 port jobs will be created through this investment. The literature indicates
that a single 12 MW turbine will produce two (2) port jobs related to turbine installation. A single 12
MW turbine weighs approximately 2,000 tons, and, based on current activities at the Port, 2,000 tons
of break bulk cargo creates one port job. Therefore, QDC estimates that each turbine will create
three (3) indirect jobs at the Port of Davisville. Based on this, the planned 7,406 MW is estimated
to create approximately 1,851 indirect port jobs. With the supporting infrastructure in place, QDC
1 “Potential Employment Impact from Oshore Wind in the United Stated: The Mid-Atlantic and New England Region,”
Georgetown Economic Services, LLC, July 27, 2020; “Oshore Wind Jobs and Economic Development Impacts in the United States:
Four Regional Scenarios”, National Renewable Energy Laboratory, funded by the Department of Energy, February 2015; “Northeast
Oshore Wind Regional Market Characterization: A Report for the Roadmap Project for Multi-State Cooperation on Oshore Wind,”
Sustainable Energy Advantage, LLC, October 2017; “Jobs from Renewable Energy and Energy Eciency Fact Sheet,” Environmental
and Energy Study Institute, October 2009.
2 Calculated assuming that Rhode Island can capture all (100%) of the O&M jobs for MW for which Rhode Island has a Power
Purchase Agreement (800 MW already under agreement + an additional 200 MW to be agreed to in the future) and the O&M jobs
associated with 20% of the remaining MW.
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estimates Rhode Island can capture 600 of these indirect port jobs.
3
The literature also suggests that o-shore wind installation creates construction jobs at a rate of 2.5
jobs per MW of wind energy. Therefore, the planned 7,406 MW of wind energy is anticiapted to
create approximately 18,515 construction jobs in total. With the supporting infrastructure in place,
QDC estimates that Rhode Island can capture over 6,900 construction jobs in the o-shore wind
sector.
4
An increase in the availability of port jobs is likely to create opportunity for racial and ethnic minorities,
and individuals living in the State’s urban areas. While a full study of the diversity of employees
working at the Port of Davisville has not been conducted, the largest employer at the Port, Northeast
Automobile Distributors (NORAD), has provided demographic and location data for its employees.
According to NORAD
5
, 43% of NORAD’s 249 employees identify as hispanic and 42% of NORAD’s
employees reside in Providence or Pawtucket. Also, QDC works closely with Ports America, the
largest terminal operator and stevedoring company in the United States, who is actively taking
steps to increase diversity, equity and inclusion throughout their workforce. Ports America has been
working on a Diversity, Equity and Inclusion Strategic Plan since October 2020, and the document is
expected to be completed in September 2021.
CONSISTENCY CONCLUSION
The infrastructure work proposed by QDC for funding from the State Fiscal Recovery Fund is a
direct response to the negative economic impacts of the COVID-19 pandemic. The IFR provides
broad latitude to States in deterining how to address these negative economic impacts. Creating
infrastructure to be utilized by the new o-shore wind indsutry will create new, long-term jobs
in o-shore wind operations and maintenance and near-term jobs in port operations and turbine
construction. This proposal addresses the prolongued unemployment plaguing Rhode Island by
providing job opportunities to unemployed individuals. This proposal does not request funding for
an identied ineligible use.
In consideration of the above, QDC believes this proposal is consistent with the requirements of the
IFR for use of the State Fiscal Recovery Fund.
3 Calculated assuming that Rhode Island can capture all (100%) of the port jobs for MW for which Rhode Island has a Power
Purchase Agreement (800 MW already under agreement + an additional 200 MW to be agreed to in the future) and the port jobs
associated with 20% of the remaining MW.
4 Calculated assuming that Rhode Island can capture all (100%) of the construction jobs for MW for which Rhode Island has
a Power Purchase Agreement (800 MW already under agreement + an additional 200 MW to be agreed to in the future) and the
construction jobs associated with 20% of the remaining MW.
5 Email dated July 15, 2021 from Aldo Caputo to Joseph Riccio, QDC’s Port Director.
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PROPOSAL OVERVIEW
Agency Name Quonset Development Corporation
Proposal Name Economic Recovery Through Port Investment
Agency Proposal Owner Steven J. King, Managing Director
American Rescue Plan Funding Source Coronavirus Capital Projects Fund
If Direct Award, please identify from Memo N/A
Federal Stimulus Requirement Satised 1) Critical Capital Infrastructure
2) Addressing negative economic impacts
Policy Principle Satised 1) Economic recovery
2) Infrastructure investment
3) Fiscal resilience
FISCAL IMPACT OF THE PROPOSAL
CAPITAL OR INFRASTRUCTURE PROPOSALS
$78.5 million in funding is sought for completion of the principal infrastructure outlined in the Port
of Davisville Master Plan. This proposal will preserve the over 1,600 annual jobs currently supported
by the Port of Davisville while capturing approximately 1,100 new annual jobs in the o-shore wind
and marine shipping industries. Additionally, the proposed construction activities are estimated to
immediately create 521 jobs in the construction industry.
To accommodate the o-shore wind industry and support the expansion of the Port’s existing users,
the Quonset Development Corporation has prepared a Master Plan for the Port of Davisville, Rhode
Island’s only public port, which calls for $192,700,000 in critical infrastructure investment. Funding
has been secured for $114.2 million of Port infrastructure improvements; the requested $78.5 million
will close the nancing gap to secure the future success of the Port of Davisville.
The Federal stimulus funding is proposed to supplement previous allocations at the Port of Davisville,
including an $11.1 million grant that QDC received from the U.S. Maritime Administration (MARAD)
and the $20.0 million port bond passed by the voters in March 2021. Additionally, the requested
stimulus funding will complement the over $83.1 million in State and Agency investments currently
being invested at the Port for the Pier 2 modernization and expansion project. All of the funding
allocated to the Port of Davisville is being used to increase the Port’s economic resilience, create job
opportunities and improve access to marine transportation.
Listed in priority order, funding is sought for 1) construction of the new Terminal 5 Pier and completion
of associated required dredging; 2) preparation of approximately 34 acres to accommodate additional
cargo laydown, new access drives and a new Port security gate; and 3) reconstruction and hardening
of the existing surface of Pier 1.
The Port of Davisville Master Plan also includes additional funding for o-shore wind specic
improvements, which are being negotiated for funding directly with the o-shore wind developers,
estimated at approximately $23.5 million, as well as funding for additional ancillary cargo laydown
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areas, estimated at approximately $12.25 million.
Capital/Infrastructure
Projects FY22 FY23 FY24
FY25
(Fed. Stim.
Funds half
year only) FY26
FY27
and
Beyond Total
Federal Stimulus Funds
- Terminal 5 Pier &
Dredging
$16.5
million
$32.0
million
$11.0
million
$6.0 million
$55.5
million
Federal Stimulus Funds
- Cargo Laydown &
Access Improvements
$4.0 million $5.0 million $0.0 $0.0 $0.0 $0.0 $9.0 million
Federal Stimulus
Funds - Pier 1 Deck
Rehabilitation
$1.5 million $3.0 million $5.0 million $4.5 million $0.0 $0.0
$14.0
million
Total Federal Stimulus
Funds
$12.0
million
$40.0
million
$16.0
million
$10.5
million
$0.0 $0.0
$78.5
million
Other Funds (Pier 1
MARAD Grant and
Bond Funding)
$2.1 million
$10.0
million
$14.5
million
$4.5 million $0.0 $0.0
$31.1
million
Total $14.1
million
$50.0
million
$30.5
million
$15.0
million
$0.0 $0.0 $109.6
million
PROPOSAL BACKGROUND
IS THIS A REQUEST FOR FUNDING TO EXPAND OR MODIFY AN EXISTING
INITIATIVE/SERVICE/CAPITAL PROJECT OR WILL IT CONSTITUTE A NEW
INVESTMENT FOR THE STATE?
This proposal expands the existing capital projects ongoing at the Port of Davisville.
OPPORTUNITY STATEMENT
The COVID-19 pandemic has taken a severe economic toll on Rhode Island. Mandated closures due
to the threat of the COVID-19 pandemic have caused signicant unemployment and the closure of
a large number of employers. In April 2020, immediately after multiple segments of the economy
were forced to close due to the threat of the COVID-19 pandemic, unemployment in Rhode Island
was 18.1%, as documented by the U.S. Bureau of Labor Statistics (BLS). While employment is slowly
increasing in the region, Rhode Island’s unemployment rate continues to be signicant. Where the
unemployment rate was 3.8% in January 2020, it remains at 7.2% as of January 2021.
BLS reports that the State of Rhode Island experienced an 8.6% decline in overall non-farm
employment between January 2020 and January 2021, which represents approximately 43,500 jobs.
The industry experiencing the greatest loss in employment is Leisure and Hospitality, with a 23.9%
decrease in Rhode Island, which represents a decline of approximately 14,400 jobs. Also struggling,
the Education and Health Services sector is down 9.3%, representing approximately 10,200 jobs;
Professional and Business Services sector is down 7.4%, representing approximately 5,100 jobs; and
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the Other Services sector is down 12.2% in Rhode Island, representing a decline of approximately
2,800 jobs.
Furthermore, according to the Rhode Island Department of Labor and Training’s Worker Adjustment
and Retraining Notication (WARN) list, 23 companies have notied the State of closures and/or lay-
os in relation to the COVID-19 pandemic. According to the list, these closures and lay-os aected
3,170 employees.
It is clear that the COVID-19 pandemic response has hit leisure, hospitality, and service-oriented
businesses more severely than other industries, primarily due to the mandated closures and social-
distancing requirements necessary to slow the spread of the virus. While some growth has occurred
since the COVID-19 response began in March 2020, the future of these industries remains uncertain.
To grow Rhode Island’s economy, it is imperative that the State capitalize on opportunities to diversify
the economy and provide employment in new or expanding industries. To ensure the economic
recovery of Rhode Island, which is the best-case future scenario, it is critical to increase employment
opportunities in non-service industries.
To this end, this proposal seeks to provide funding toward the Port of Davisville Master Plan in
order to allow increased capacity for existing businesses and to support the burgeoning o-shore
wind industry, in line with the State’s Comprehensive Economic Development Strategy (CEDS).
Additionally, the Port of Davisville Master Plan seeks to maintain the existing Port assets of Pier 1
and Pier 2 in order to preserve the existing employment supported by the Port’s activities.
In a 2016 report assessing the capacity for oshore wind energy along the U.S. coastline, the National
Renewable Energy Laboratory concluded that “The best resource, based on quality and quantity,
was found to be in the northeast states such as Maine, Massachusetts, Rhode Island, New York and
New Jersey.” Given the resource that exists, the northeast region of the U.S. is poised to receive
substantial economic benets from the increased development of o-shore wind. According to the
U.S. Bureau of Ocean Energy Management (BOEM), the Northeast coast of the U.S. has the potential
to create more than 16,000 full-time equivalent jobs by 2028, related to the development of o-
shore wind farms. The U.S. as a whole could create 80,000 o-shore wind-related jobs by 2030.
To date, BOEM has leased over 1.2 million acres of the Atlantic Ocean oor for installation of wind
turbines, and millions of acres are yet to go through the leasing process. However, development of
the o-shore wind farms has not yet begun.
Investment in marine transportation infrastructure at the Port of Davisville can satisfy the needs
of the o-shore wind developers, in a location that is in close proximity to BOEM’s lease areas.
This much needed marine transportation infrastructure is critical to catalyzing the o-shore wind
industry and capturing jobs in the Rhode Island market. As a edgling industry in the United States,
any employment opportunities provided in Rhode Island would assist in diversifying Rhode Island’s
economy away from service and leisure-oriented businesses and thus make the economy more
resilient.
The Quonset Development Corporation (QDC) proposes investment at the Port of Davisville, Rhode
Island’s only public port, to construct several improvements toward completion of the Port Master
Plan. The Port Master Plan seeks to recongure the Port’s layout and provide additional berthing and
cargo space in support of both the existing Port users and the expanding o-shore wind industry.
Based on regional and national studies of potential o-shore wind employment, as well as the historic
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berthing rates at the Port, and the Port Economic Impact Assessment completed by FXM Associates
in 2019, QDC estimates that this investment, when added to ongoing and planned investments at
the Port, has the capability to expand long-term Port-related employment by approximately 1,100
jobs per year, bringing total Port-derived employment to approximately 2,700. The new jobs would
be in the o-shore wind, shipping, and transportation sectors and could oset a portion of the
service sector employment lost due to the COVID-19 pandemic. Furthermore, it is estimated that
the proposed construction activities will result in 521 direct new jobs in the construction industry
(derived from the MARAD Port Kit tool).
Additionally, the State of Rhode Island has committed to a future in which the State’s electricity is
generated by 100% renewable energy sources by 2030. To this end, the State has entered into a
power purchase agreement with Ørsted Wind Power North America for the purchase of 400MW of
energy, and has recently advertised for another 600MW agreement. Additional marine transportation
infrastructure in Rhode Island is critical to achieving this green energy goal.
When the construction of o-shore wind farms is considered as an integrated system, it becomes
clear that o-shore wind turbines cannot be constructed and maintained without adequate port
facilities. Ports are utilized for staging and transfer of project components, and as berthing locations
for installation, operations, and maintenance vessels. In 2014, a report commissioned by the U.S.
Department of Energy entitled, “Assessment of Ports for O-shore Wind Development in the United
States,” was released (the “Port Assessment”). The Port Assessment analyzed the port characteristics
and requirements necessary to support the o-shore wind industry, and concluded that, “additional
port facilities capable of supporting oshore wind projects are needed to meet the anticipated
project build-out by 2030.” The Port Assessment concluded that wind energy in the North Atlantic
region will require, at minimum, four (4) staging Ports. The Port Assessment goes on to say, however,
that “the number of actual ports would likely be larger since they often require close proximity to
minimize vessel transit time.” In summary, the Port Assessment concludes that there simply are not
enough ports with adequate facilities and in close proximity to the resource areas to support the
country’s o-shore wind energy goals and provide the anticipated economic benets.
This proposal will result in port facilities capable of supporting both o-shore wind projects and
the existing users at the Port of Davisville through creation of an additional berth, over 34 acres of
additional cargo laydown space, and the reinforcement of the over 76-year-old Pier 1.
PROPOSED INTERVENTION & THEORY OF CHANGE
The Quonset Development Corporation (QDC) proposes investment at the Port of Davisville, Rhode
Island’s only public port to complete the next phases of the Port Master Plan in support of both the
existing Port users and the expanding o-shore wind industry.
Listed in priority order, funding is sought for 1) construction of the new Terminal 5 Pier and completion
of associated required dredging; 2) preparation of approximately 34 acres to accommodate additional
cargo laydown, new access drives and a new Port security gate; and 3) reconstruction and hardening
of the existing surface of Pier 1.
The proposed improvements are the next phases of a larger plan to redistribute the existing uses
at the Port of Davisville to accommodate the o-shore wind industry and complement the existing
investments being made at the Port. QDC is in the midst of expansion and modernization of the
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existing Pier 2 at the Port, at a cost of $83.1 million, funded entirely by General Obligation Bonds,
Rhode Island Capital Plan funding and Agency expenditures. Pier 2, being a land mass pier rather
than a pile-supported pier, is the logical choice for o-shore wind staging and other uses, and is
being constructed with the necessary characteristics to handle the heavy loads of o-shore wind
components. However, the berths and laydown area at Pier 2 are heavily used by the Port’s existing
users, which are experiencing year-over-year success, and QDC is sensitive to disturbing this existing
activity and the high employment that it produces.
The Port of Davisville’s principal imported good is nished automobiles, which are shipped to the Port
from manufacturers in Germany, Mexico, and Japan, among others, and include Porsche, Bentley,
Audi, Volkswagen, Subaru, General Motors, Honda, Fiat, and Jeep vehicles. Overall, automobile
imports to the Port have grown signicantly. In 1996, only 35,084 were imported through the Port;
in 2019, 296,706 automobiles were imported through the Port, which was a new annual record (up
from 241,851 automobiles in 2018). Due to the COVID-19 pandemic, the 2020 import numbers were
reduced from the previous year, but have begun to rebound in 2021 supported, in part, by a new
contract to import Nissans from Mexico.
Given the year-over-year success of the nished automobile import and processing business, it is
imperative that plans for accommodating o-shore wind uses do not cause negative impacts to
these businesses. To be able to utilize Pier 2 for o-shore wind without disturbing the growing
business activities of the Port’s current users, additional berthing space and cargo laydown areas
are necessary. Use of Pier 2 for o-shore wind activity will require reallocation of the existing users
within the Port area and better use of the limited land close to the Pier. Therefore, the Port Master
Plan also calls for reconguration of the main access ways through the Port and a new Port security
gate, which will allow for more eective use of the limited space.
The current Port of Davisville Master Plan supports the continued success and growth of the nished
automobile import and processing industry while allowing the State to capitalize on the economic
benets to the region that will occur with the growth of the o-shore wind industry. Construction of
the Terminal 5 Pier will facilitate o-shore wind staging by providing a separate berthing area for the
existing nished automobile import and processing businesses and users. The new cargo laydown
areas will allow the transitioning the nished automobile import and processing business to the
areas near the Terminal 5 Pier, which will unlock Pier 2 for use by the o-shore wind industry. Also,
the improved access conguration and new security gate will increase eciencies for the existing
nished automobile industry.
Also in support of the Port of Davisville Master Plan, QDC is about to undertake reconstruction of the
outside edges of the pile-supported Pier 1 utilizing a combination of an $11.1 million Federal grant
funding from the U.S. Maritime Administration and the recently approved $20.0 million General
Obligation Bond. The continued use of Pier 1 is essential for maintaining the existing users at the
Port and the existing over 1,600 jobs supported by the Port. To further extend the useful life of Pier
1 additional funding is needed to reinforce the concrete deck of Pier 1 to allow its continued use as
a point of rst rest for cargo. It is critical that the existing Port users continue to have access to the
nearly 7 acres of laydown space contained within Pier 1.
The proposed construction activities will result in the immediate creation of 521 construction jobs.
Dedicating the full 30 acres of land mass and the two heavy lift berths of Pier 2 to the o-shore wind
industry will unlock the Port of Davisville for o-shore wind staging, bringing with it approximately
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1,100 additional jobs in port-related industries. These new jobs will assist in diversifying the Rhode
Island job base, o-setting the jobs lost in service-related industries due to COVID-19. Reinforcing
the entirety of Pier 1 will maintain the existing 1,658 jobs created by Port activities at a time when
preserving jobs is critical.
LEVERAGING STIMULUS FUNDING
The proposed improvements at the Port of Davisville are the solution to the Rhode Island o-shore
wind puzzle. However, in Rhode Island there is not a dedicated port capital project funding stream,
and to date it has been imperative that any funding made available for port infrastructure through
grants and bonds be allocated to improving and strengthening the State’s existing assets of Pier 1
and Pier 2.
This Federal stimulus funding presents a unique opportunity to increase the berthing capacity at
the Port of Davisville, both modernizing the marine transportation infrastructure and providing
enhanced marine services at the Port. The additional berthing capacity and cargo laydown space
will allow QDC to shift the nished automobile import industry to a less robust, pile-supported pier,
and to unlock Pier 2 for use by the o-shore wind industry for laydown of heavy project cargo. The
Pier 1 deck reinforcement will preserve the existing jobs supported by the Port of Davisville.
A 2019 report by FXM Associates outlining the economic impact of the Port of Davisville concluded
that the existing 1,658 jobs created by Port activities had average annual earnings of $59,598, which
is approximately $27,342 more than Rhode Island’s 2019 median income. In addition, the FXM
report stated that the existing jobs were responsible for approximately $17,910,000 in State taxes,
annually.
The Federal stimulus money will also unlock approximately 1,100 additional long-term jobs per year
in port-related industries, such as maritime shipping and o-shore wind. The jobs noted above are
in addition to the approximately 521 immediate jobs that will be generated through construction
of the Terminal 5 Pier and the additional cargo laydown areas. Extrapolating the economic impact
report’s taxation data for an additional 1,100 jobs with the same average earnings shows a potential
increase of approximately $11,000,000 in State taxes paid.
Additionally, the requested stimulus funding of $65 million will signicantly reduce the amount
needed for future State funding through RICAP funds and/or GO Bonds, which would otherwise be
required to complete the Port of Davisville Master Plan.
COMPLIANCE WITH STATUTORY REQUIREMENTS
This proposal represents a critical capital project that directly enables work, both through the
immediate construction jobs that will be generated with the investment and the long-term port
jobs described above, which is why QDC has identied this for funding from the Coronavirus Capital
Projects Fund.
Additionally, this proposal is also a response to the negative economic impacts of the COVID-19
pandemic, as described within the Opportunity Statement. It is imperative that the State capitalize
on opportunities to diversify the economy and provide employment in new or expanding industries.
This proposal seeks to provide funding toward the Port of Davisville Master Plan in order to allow
ECONOMIC RECOVERY THROUGH
PORT INVESTMENT
QUONSET DEVELOPMENT CORPORATION
FEDERAL STIMULUS FUNDING PROPOSAL #1
Page 10
increased capacity for existing businesses and to support the burgeoning o-shore wind industry,
which will create approximately 1,100 new jobs in response to the negative impact of jobs in the
service industry that were lost during the pandemic response.
Therefore, this proposal could be considered for funding through the Coronavirus Capital Projects
Fund or the Coronavirus State Fiscal Recovery Fund.
RELATIONSHIP TO OTHER RELIEF
This proposal does not relate to any prior relief.
TIMELINE FOR IMPLEMENTATION
Construction of the additional cargo laydown areas and access improvements will begin immediately,
with construction anticipated to be completed by the end of Fiscal Year 2023. For the Terminal 5
Pier and the Pier 1 deck reconstruction, QDC anticipates completing engineering and permitting,
advertising the construction for bid, awarding a contract, and mobilizing the contractor within the
rst 8 months (July 2021 through February 2022). Construction will begin thereafter, with completion
of construction before December 31, 2024.
The Quonset Development Corporation (QDC) has a long history of completing capital projects on
time and on budget and successfully executes an average of $10 million in infrastructure projects on
an annual basis. QDC’s sta engineers, construction managers, grant administrator, and nancial
professionals have the skills and internal procedures to eciently administer projects in-house.
QDC has successfully managed a previous TIGER grant for $22.3 million from design through to
performance reporting, and is in the midst of completing the $83.1 million Pier 2 reconstruction
project.
FTE IMPACT
This proposal will not require any changes relative to FTEs at the Quonset Development Corporation.
POTENTIAL IMPEDIMENTS OR RISKS
There are minimal risks and few impediments to executing this infrastructure project on time and
within budget.
QDC has the project management experience necessary to avoid construction delays and other
project risks. QDC executes an average of $10 million in infrastructure projects on an annual
basis, using its consistent “Team Approach.” QDC’s engineering sta will be responsible for the
advertisement of and compilation of bidding documents, recommendation of contract awards/
procurements, acquisition of permits where necessary, coordination with RIDEM, RI CRMC, ACOE and
other applicable regulatory agencies, managing and overseeing construction, and project closeout.
QDC’s Director of Planning and Development will oversee grant administration and compliance.
QDC’s Finance Director will oversee and track contract payments, and accounting relating to the
Grant. Finally, QDC’s Managing Director will oversee all QDC Departments in their performance of
the work as well as execute contract awards, procurements, payments, etc. The Team Approach
ECONOMIC RECOVERY THROUGH
PORT INVESTMENT
QUONSET DEVELOPMENT CORPORATION
FEDERAL STIMULUS FUNDING PROPOSAL #1
Page 11
management structure has successfully executed over $200 million in infrastructure investments
over the past 15 years.
The project will require permits from the RI Coastal Resources Management Council (RI CRMC),
which should not be problematic to acquire as the project aligns with RI CRMC’s stated goals for the
Port of Davisville’s water classication of Type 6 Waters.
CONNECTION TO EXISTING MODELS AND PARTNERSHIPS
Not only is the operation of the publicly-owned Port of Davisville a statewide model for marine
transportation and port operations, QDC’s tried and true process for infrastructure construction
has been successfully implemented on over $200 million of infrastructure projects at the Quonset
Business Park. Given QDC’s experience in port construction, we are prepared to quickly launch into
both the construction of the cargo laydown areas and access improvements, as well as the dredging
work and the engineering, permitting and procurement phase of the pier projects, expending
approximately $6.0 million in the rst year. Full mobilization for all construction activities will occur
by the end of FY 2022.
SUCCESS METRICS
Direct success for this infrastructure project will be 1) to complete construction of the new cargo
laydown and access improvements by the end of scal year 2023; 2) to complete construction of the
Terminal 5 Pier no later than December 31, 2024; 3) to complete the reconstruction of the deck at
Pier 1 no later than December 31, 2024; and 4) to bring the project in within the allocated budget. In
order to achieve success, QDC will actively manage all phases of the project, from nal engineering
and permitting through close-out and demobilization, setting schedule milestones and closely
monitoring progress. Trackable metrics include deadlines for Preliminary and Final Engineering,
receipt of all necessary permits, contract award, and mobilization, as well as signicant milestones
during the construction process.
Upon completion of construction, the success metrics will change to reect the use and occupancy
of the Port of Davisville berths and newly available lay-down space by the o-shore wind industry,
as well as any increases in the import of nished automobiles made possible by the shifted berthing
arrangement and improved access conguration. QDC will actively track the total number of ship
calls, the total metric tons of project cargo, and the leasing and port fee revenue that is attributable
to o-shore wind. Additionally, QDC will be able to track the number of jobs created by the o-
shore wind developers who are utilizing the facilities at the Port of Davisville.
TIMELINE FOR OUTCOMES
Many of the o-shore wind developers are actively pursuing permits with the U.S. Bureau of Ocean
Energy Management (BOEM) for wind farm construction o the coast of Rhode Island, Massachusetts
and New York. QDC is in negotiation with several such developers who are in severe need of
additional lay-down space as well as loading and unloading berths for heavy cargo. Many of the
o-shore wind developers have indicated that they would like to begin construction of their wind
farms in early 2023. Given this, QDC expects that the new jobs associated with o-shore wind will
begin immediately upon completion of construction.
ECONOMIC RECOVERY THROUGH
PORT INVESTMENT
QUONSET DEVELOPMENT CORPORATION
FEDERAL STIMULUS FUNDING PROPOSAL #1
Page 12
ADDITIONAL PROPOSAL DETAILS
QDC previously submitted a dierent version of this project for a Federal INFRA grant, for which a
Benet Cost Analysis (BCA) was completed. Since the BCA was drafted, the scope of the project has
changed to allow for exibility in the Port’s operations. However, the BCA indicated that construction
of the new Terminal 5 Pier would have a total economic net present value (2018, 7% discount) of
$21,698,376. This benet did not include an assessment of increased employment opportunities,
annual earnings, or taxes paid to the State, as the Federal government advises that those metrics not
be included in BCA formulation for Federal grants.
The largest source of benets quantied for the purposes of the BCA was from the ability to
access lower-cost electricity from o-shore wind deployments. The BCA stated that while energy
generation from o-shore wind turbines is currently not cost-eective relative to traditional modes
of production, technological improvement will make o-shore wind competitive as soon as 2027.
Therefore, any wind turbines commissioned after that year would lead to increasingly large economic
competitiveness benets. The BCA also noted that the creation of the Terminal 5 Pier would result
in emission savings benets, as wind energy production results in lower carbon emissions than
competing conventional methods. Finally, because the Port of Davisville is located closer to many
planned wind farms than competing port facilities, transportation benets would also be gained as
a result of the construction of the Terminal 5 Pier.
THANK YOU FOR YOUR CONSIDERATION
Infrastructure Investment
in the
Port of Davisville Master Plan
Table of Contents
Quonset Business Park Overview … 3
Port of Davisville Overview … 26
Port of Davisville Master Plan … 38
Appendix ... 44
2
Over 200 Great Rhode Island Companies
Over 12,200 Full- and Part-time Jobs
Top 10 Auto Import Port in North America
Leader in Green Energy Initiatives
3
Quonset Business Park®
QUONSET IS A MAJOR DRIVER OF
ECONOMIC GROWTH AND JOB CREATION IN RHODE ISLAND
Nearly 7,000 new jobs and $1.2 billion in private investment since QDC was
created in 2005
Over $2 billion in private investment since 1980
Quasi-state agency
“Special Purpose” subsidiary of R.I. Commerce Corporation
Responsible for property development, Park management, utilities, and port
operations
Business Park operations funded solely from Park revenue
4
Quonset Development Corporation
3
Management of the Quonset Business Park was transferred to the
Quonset Development Corporation (QDC) upon creation in 2005
QDC is a quasi-state agency, a “Special Purpose” subsidiary of R.I.
Commerce Corporation (formerly RI Port Authority/RI Economic
Development Corporation)
QDC operations are funded solely from Park and Port revenue
No operating funds for Quonset from state budget
QDC Core Functions
QDC Core Functions Include:
Property development / tenant management
Property management / public works
Stormwater system
Roadway and grounds maintenance
Railroad infrastructure
Water supply
Wastewater collection / treatment
Port operations
6
100% Powered by Renewable Energy
100% OF QUONSET BUSINESS PARK OPERATIONS
ARE POWERED BY RENEWABLE ENERGY
All Quonset Development Corporation facilities
The water supply and wastewater management
systems
The Port of Davisville
7
Getting People to Work
DAILY FREE SERVICE ON THE
QUONSET EXPRESS (QX) THROUGH JULY 2022
Funded by QDC and a Federal grant through RIPTA
Pawtucket > Providence > Cranston > Quonset
Makes Quonset more accessible to the R.I. workforce
Removes cars from R.I. roads > Reduces greenhouse gases
RIPTA WILL INCREASE TRANSIT SERVICE ON BUS ROUTE 14
IN SEPTEMBER RUNS BY QUONSET GATEWAY
GOAL: OBTAIN STATE FUNDING FOR
PERMANENT QX ROUTE & QBP CIRCULATOR
8
A Rhode Island Success Story
$700 million in
Public Investment
Over $2 billion in
Private Investment
Annual Return on Investment (ROI)
Over 12,200 jobs at over 200 companies (and
growing)
1 of every 6 manufacturing jobs in R.I.
$4.27 billion in economic output
$1.28 billion in household income for R.I.
families
$128.8 million in tax revenue
*Source: 2019 Bryant University Study
QUONSET’S AVERAGE WAGE IS
19% HIGHER THAN THE R.I. AVERAGE
9
A Rhode Island Success Story
10
Quonset Makes a New Name for Itself in Business
Its success is being cited as a model as Rhode Island tries to
improve its economy.
Port of Davisville, RI:
The Biggest Small Port in the U.S.
The ports size relative to larger brethren like New York/New
Jersey, belies its real stature as one of the largest ro-ro ports
in North America”
Quonset Is An Ocean State Success Story
“If you want to view a forest of construction cranes a bustling
port flush with imports and thousands of well-paying jobs…
(t)ake a trip to the Quonset Business Park.
Previous Ownership
Area in Acres
N.C.B.C. Davisville
1,629 acres
N.A.S. Quonset
1,522 acres
Total
3,151 acres
Quonset Navy Origins
11
N.C.B.C. Davisville
N.A.S. Quonset
12
Property Transfers
12
Land at Quonset
3,200
TOTAL ACRES
1,709.0 acres
Non-Developable
(Airport,
Rights-of-way, Open
Space/Recreation,
Transportation)
53.4%
156.2 acres
Available
4.9%
581.0 acres
Leased
18.2%
47.2 acres
In-Negotiation/Under Agreement
1.5%
520.0 acres
Sold
16.3%
186.6 acres
QDC/Port of Davisville
5.8%
13
Of 3,200 Total Acres:
1,304.4 Developable Acres
Leased = 581.0 acres
Sold = 520.0 acres
In Negotiation/Under Agreement = 47.2 acres
Available = 156.2 acres
LAND STATUS
14
Available Land at Quonset
156.2 Acres Available
Range in size from 1 acre to 42 acres
Only 6 parcels greater than 10 acres
Only 1 parcel greater than 40 acres
15
REMAINING PARCELS
16
Formula For Success
#1: Consistency
#2: World Class Infrastructure
#3: Predictable Process
17
Formula For Success = Consistency
#1: Consistency
Master plan
Stable leadership/governance
Consistent progress towards objective
Buy-in at all levels of government
18
Governor McKee
General Assembly
Sen. Jack Reed
Sen. Sheldon Whitehouse
Rep. James Langevin Rep. David Cicilline
Formula For Success = Infrastructure
19
#2: Investment in World Class Infrastructure
MULTI-MODAL: LAND, SEA, RAIL, AIR
High State of Good Repair
TOTAL PUBLIC INVESTMENT
$700M Federal & State since 1980
$590M in infrastructure
$100M+ in environmental clean-up
$10M in property acquisition
Investment New Buildings
2015
$29M 172,000 sf
2016
$90M 658,000 sf
2017
$16M 78,000 sf
2018
$340M 655,180 sf
2019
$260M 185,083 sf
2020
$188M 89,496 sf
TOTAL PRIVATE INVESTMENT
Over $2 Billion Since 1980
Formula For Success = Predictable Process
20
TOTAL PRIVATE INVESTMENT
Over $2 Billion
#3: Predictable Process
90 DAYS from site control to construction
One stop shopping
QDC and Town of North Kingstown (host community) have
adopted a single set of land use controls:
Unified Development Regulations
Town zoning and comprehensive plan designate the
“Quonset Zone”
Refer to QDC Development Package
Building permits from State Building Official and Fire
Marshal
Formula For Success = Predictable Process
21
TOTAL PRIVATE INVESTMENT
Over $2 Billion
Site Readiness: Pad Ready Building Sites
Removes uncertainty in the development
process
Environmental permits already complete
Project book for each site
Shovels in the ground within 90 days
Site Readiness Program
52 TOTAL SITE READINESS DEVELOPMENT PARCELS
Status
# of Parcels Acreage
Leased
28 267.4
In Negotiation/ Under Agreement
9 18.0
Available
15 133.7
Total
52 443.7
22
Recent Development Activity
NEW COMPANIES
Infinity Meat Solutions
Global Foundation for Ocean
Exploration
Ultralon Foam Group
J.F. Brennan Company, Inc.
Tighe & Bond, Inc.
System4 IPS
Oliverio & Marcaccio, LLP
Norton Lilly International, LLC
Ports American Terminals, Inc.
Infinity Meat Solutions
23
Recent Development Activity
ONGOING COMPANY EXPANSIONS & IMPROVEMENTS
General Dynamics Electric Boat:
Building AFC Phase II 73,446 sf
Building G2 renovations and fit out
Toray Plastics America: A6 Expansion: 75,000 sf
J. Goodison Company, Inc.: 2,100 sf
RI Air National Guard: Multiple Buildings
General Dynamics Electric Boat
24
Recent Development Activity
OTHER DEVELOPMENT INITIATIVES
Projects Completed in 2020:
General Dynamics Electric Boat Building
10A
Flex Industrial Building #3
Gateway Offices Building #5
Flex Industrial Building #3
25
Port of Davisville
QDC is the Port Authority and terminal operator for the Port of Davisville
Ports are comprised of terminals that handle different cargoes.
26
The Port of Davisville handles:
Roll-on/roll-off (RO/RO) cargo, processed fish, project
cargo
Lift-on/lift-off (LO/LO) cargo break bulk (lumber),
containers, and wind components
The Port of Davisville DOES NOT handle bulk cargo
(liquid fuel, coal, salt, cement, scrap, etc.).
Port of Providence
US Customs District Terminals
The U.S. Customs Service considers all of Narragansett Bay to be
The Port of Providence”
Southern Rhode Island Providence Metro Area
27
Port of Davisville: RI’s Only Public Port
TOP 10 AUTO IMPORTER IN NORTH AMERICA
Vehicles in 2020
Ship
216,501*
Rail
21,865*
Truck
8,958*
Total
247,324*
2019
Auto Import Record broken for the 11
th
time in 13 years
224 ship calls at the Port
2,755 metric tons of project cargo
300,000 auto imports
The number of finished vehicles imported through the
Port was heavily impacted by the COVID-19 pandemic.
28
Port of Davisville: Auto Import Growth
Automobile import volumes have grown by more than 8 times since 1996:
35,084 to 296,706 (745% growth)
93,471
86,415
76,156
109,197
114,719
134,575
150,519
172,448
173,295
178,215
227,021
214,350
222,521
241,851
296,706
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Auto Imports
29
Cargo and Service Providers at the Port of Davisville
30
Service Providers
Local 1329 (Intl. Longshoremen Assn.)
Local 2001 (Intl. Longshoremen Assn.)
Local 1996(Intl. Longshoremen Assn.)
Northeast Marine Pilots
N. England Stevedoring Services
Ports America
New England Ship Agencies
Goff & Page
Moran Shipping Agencies
Norton Lily International
DonJon Marine
Masterpiece International
Pantos
Kuehne & Nagel
Bay Crane
Imperatore
Hallamore
Cardi Corporation
RT Group
Gordon Archibald
Moffat & Nichol
GZA
Alliance Detective Security
AIM Inspections
CARCONSULT
UNICAR
LDS Logistical Data Services
Cargo
North Atlantic Distribution,Inc.
Seafreeze, Ltd.
National Grid
Banneker Industries
BB&S Lumber
Deepwater Wind
Raytheon
Subaru of America
Subaru New England
Toray Plastics
Volkswagen Group of America
Volkswagen Logistics
Volkswagen d Mexico
Wind Energy Development, LLC
HALO Maritime Defense Systems
Fuji Heavy Industries
Honda
Weeks Marine
LS Cable
Porsche
Bentley
Audi of America
Specialty Diving Services
Kokosing Industrial
Fiat
Chrysler
Dodge
Ram
Jeep
Alfa Romeo
Chevrolet
GMC
Electric Boat
United States Navy
CH POWELL Global Supply Services
31
Transport
McAllister Towing (Tug Operator)
Seaview Transportation
Providence & Worcester Railroad
Norfolk Southern Corporation
CSX
Canadian Pacific
Canadian National
Diversified Automotive Services
Virginia Transportation Corp.
Boston Port Services
United Road
Moore Transport
Splietoff Transport
JF Moran
Liberty International
Supreme Auto Transport
Precision Motor Transport
Fleetcar
Unicar
UPS Logistics
Cassen’s
Jack Cooper
Trent
Tribeca
Wheeler
RPM Transportation
Pilot Transport
Landstar
Shipping Lines
Mistui OSK Line
NYK Line
K Line
Hoegh Autoliners
Caribbean Lines
Siem Car Carriers
Wallenius Wilhelmson Lines
BBC Chartering
ARC American RORO Carriers
Grimaldi
Volkswagen
National Oceanic Atmospheric
Administration (Home Port)
Cargo and Service Providers at the Port of Davisville
32
FOCUS: 1) Maintain State of Good Repair
2) Grow & Maintain Existing Business
3) Build Flexibility to Create Opportunities for
Off-shore Wind
STATE OF GOOD REPAIR
Provide new 50-year service life to
World War II era facilities
Pier 2 Extension & Modernization
(funded in part by 2016 $50 million General
Obligation Bond)
Pier 1 Rehabilitation (to be funded in part
by 2021 $20 million General Obligation Bond)
BUILDING FLEXIBILITY
19-acre land lease from RIAC
near Port of Davisville
New infrastructure to
support off-shore wind
Port of Davisville: Growth Strategy
33
Future of the Port of Davisville
Off-shore Wind
The Port of Davisville’s location positions
R.I. to benefit from off-shore projects
from Cape Cod to New Jersey.
Currently proposed: 2,510 MW in off-
shore wind projects
These projects will require all available
space between Woods Hole, MA and
Bridgeport, CT including Davisville,
Galilee, ProvPort, and likely New
Bedford.
Investment in Davisville keeps wind
energy jobs in R.I., instead of going to
other states
On-shore wind blade transport logistics at
the Port of Davisville
34
Off-Shore Wind Opportunities
Block Island
Wind Farm
(30MW)
Offshore
Wind Farms
in the
Pipeline
(2,510MW)
35
Proposed Off-Shore Wind Lease Areas
The Quonset Business Park is
strategically located near the
off-shore wind lease areas
Rhode Island has a first-
mover advantage with the
only off-shore wind farm in
the United States
Almost every land-based
wind turbine in R.I. had their
component parts shipped
through the Port of Davisville
Quonset
Business Park
56 nautical miles from center
of MA BOEM lease area
Current
Off-shore Wind
Lease Areas
9,000 MW
Block Island
Wind Farm
30 MW
36
Proposed Off-Shore Wind Lease Areas
In May 2019, RI
regulators approved a
20-year power
purchase agreement
with DWW Rev I, a
joint venture
between Ørsted U.S.
Off-shore Wind and
Eversource Energy.
RI will purchase 400
megawatts of energy
from the Revolution
Wind project.
That equals enough
energy to power over
270,000 homes each
year.
Copenhagen
Infrastructure
Partners/Avangrid
1200 MW
804 MW
796 MW
Equinor Wind
US
Shell New
Energies/
EDPR Offshore
España
Vineyard Power/Copenhagen
Infrastructure
Partners/Avangrid
Vineyard Wind
804 MW
804 MW
Bay State Wind
2000 MW
880 MW
South Fork
130 MW
1000 MW
Revolution Wind
704 MW
Ørsted/Eversource
37
Infrastructure for Off-Shore Wind
Critical infrastructure upgrades are
needed to prepare the Port of Davisville
Off-shore wind components (blades,
tower, foundations, etc.) are extremely
heavy, blades alone weighing up to
27,000 pounds. They require a wharf
that can bear the weight while
providing additional space for other
customers and capabilities.
There is also a need for docking space
for Crew Transfer Vessels (CTVs) and
Support Off-shore Vessels (SOVs) for
every off-shore wind construction
project.
Off-shore wind SOV
38
Port of Davisville Master Plan
The investment will finance a portion
of the
Port Master Plan. The Plan
calls for:
Adding capacity for Rhode Island to
create jobs supporting offshore
wind logistics
Maintaining infrastructure for one
of North America’s largest, most
successful auto importers
39
Port of Davisville Master Plan Improvements: $234.5 million
$120.2 million FUNDED
Pier 2: $83.1 million
Pier 1 South Berth: $24.7 million
Dredging: $5.0 million
$7.4 million available for July 2021
PID grant application match
$114.3 million UNFUNDED
Pier 1 Rehabilitation: $23.8 million
Terminal 5 Pier: $55.5 million
Terminal Expansions: $35.0 million
MASTER PLAN IMPLEMENTATION WILL:
RETAIN over
1,600 jobs supported by the Port
CREATE 1,100 jobs in port industries & hundreds of jobs in
construction
40
Pier 2 Modernization & Extension
Pier Extension complete
East Face Rehabilitation complete
East Face Dredging complete
South Face Rehabilitation ongoing
FULL PROJECT COMPLETION
June 2022
Total Project Cost $83.1 million
Pier 2 Extension
41
Water-side Improvements
Total Investment of
$199.5 million
New CTV & SOV Harbor
New Terminal 5 Multi-Use Pier
(Multi-phase)
Pier 2 Extension &
Modernization
$83.1 million
Pier 1
North Face Reconstruction
Deck Rehabilitation
South Face Reconstruction
42
Land-side Improvements
Total Investment of
$35 million
Allen Madison
House Site
Port Access
Improvements
Parcel 43
Improvements
Davisville Road
Relocation
Terminal 4 & 5
Expansion
Terminal 6 Improvements
Terminal 7
Improvements
43
Port of Davisville Master Plan Benefits
Preserves 1,658 jobs, $374.3 million in economic activity and $45.5
million in state and local tax revenue
from the Port alone.
Positions Davisville to continue to rank among the Top 10 auto
importers in North America.
Positions Davisville for continued auto import growth.
Positions Davisville and R.I. to service growing wind energy
industry.
Positions Davisville to take on additional, heavier project cargoes.
Positions Davisville for 1,100 new jobs.
Appendix: Public Investment in QBP
$471,349,821
-Up
$100,000,000
$159,000,000
$160,000,000
$52,349,821
$207,600,000
$10,100,000
$81,000,000
$1,500,000
$40,000,000
$75,000,000
QDC Investment
$21,393,000
TOTAL INVESTMENT
$700,342,821
*See next slide
**Source: RIDOT
January 2010
44
Appendix: Federal Grants
Federal Grants since 1990 Agency
Pier 1/Carrier Pier $3,500,000 EDA
Pier 2 $1,000,000 EDA
North Bulkhead $645,000 EDA
West Davisville Roads $1,050,000 EDA
Bike Path $1,350,000 FHWA
Romano Vineyard Way Bridge $3,888,000 EDA
TIGER Projects $22,300,000 USDOT
Compass Circle Extension $440,000 EDA
CMAQ Fast Ferry Dock $700,000 FHWA
Zarbo Avenue Bulkhead $6,000,000 EDA
Terminal 4 and 5 Berths $800,000 EDA
Terminal 5 Paving $625,000 EDA
RIDOT Rail Safety $2,017,000 FHWA
Port Security $699,000 DHS
Fast Ferry Bulkhead $494,144 FTA
Fast Ferry Parking Lot $279,200 FTA
MARAD Marine Highway $855,000 USDOT
CRISI Mill Creek Railyard $3,000,000 FRA
Small Shipyard Grants $2,707,477 USDOT
TOTAL $52,349,821
45
Appendix: Return on Investment
QUONSET IS A MAJOR DRIVER OF
ECONOMIC GROWTH AND JOB CREATION IN RHODE ISLAND
Nearly 7,000 new jobs and $1.2 billion in private investment since QDC was
created in 2005
Over $2 billion in private investment since 1980
Quasi-state agency
“Special Purpose” subsidiary of R.I. Commerce Corporation
Responsible for property development, Park management, utilities, and port
operations
Business Park operations funded solely from Park revenue
46
Appendix: Return on Investment
$700 million in
Public Investment
Over $2 billion in
Private Investment
Annual Return on Investment (ROI)
Over 12,200 jobs at over 200 companies (and
growing)
1 of every 6 manufacturing jobs in R.I.
$4.27 billion in economic output
$1.28 billion in household income for R.I.
families
$128.8 million in tax revenue
*Source: 2019 Bryant University Study
QUONSET’S AVERAGE WAGE IS
19% HIGHER THAN THE R.I. AVERAGE
47
Thank You for Your Support
Steven J. King, PE
Managing Director
401.295.0044
sking@quonset.com
48